GBPJPY forecast BREAKOUT STRATEGY
GBPJPY stuck between two zones which means its consolidating and will soon make an impulsive move either a continuation to the downside or a reversal upward.
For an entry i will wait for a clear break to either side.*NOTE the candle that breaks either zones should have a bigger body i.e it should not be a pin bar or a small body candlestick.
If you are patient enough you wait for a break then a retest of the zones. I personally dont think a retest might occur as the consolidation is too tight. Have a blessed trading week
For an entry i will wait for a clear break to either side.*NOTE the candle that breaks either zones should have a bigger body i.e it should not be a pin bar or a small body candlestick.
If you are patient enough you wait for a break then a retest of the zones. I personally dont think a retest might occur as the consolidation is too tight. Have a blessed trading week
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